HICL Infrastructure Company Ld Results of EGM (9521Z)
20 March 2017 - 10:36PM
UK Regulatory
TIDMHICL
RNS Number : 9521Z
HICL Infrastructure Company Ld
20 March 2017
20 March 2017
HICL Infrastructure Company Limited
Results of Extraordinary General Meeting
The Directors of the Company are pleased to announce the results
of voting at the extraordinary general meeting of the Company held
at 9:30 AM on Monday, 20 March 2017 at the offices of Aztec Group,
East Wing, Trafalgar Court, Les Banes, St Peter Port, Guernsey (the
"EGM").
The notice of the EGM and proposed agenda and resolutions were
circulated to shareholders and announced to the market on 23
February 2017.
Each of the resolutions proposed at the EGM were duly passed.
Voting was conducted by a show of hands and inclusive of votes
received by the Company by way of proxy, either by post, web voting
or via CREST, by no later than 9:30 AM on Thursday, 16 March
2017.
Total votes of 715,170,794 were cast at the EGM(1) . The results
of the voting(2) are noted as follows:
Special Resolutions(3)
Resolution Votes For Votes Against Votes Withheld(4)
To approve the Issue
and the allotment of
up to 163,522,013 New
Ordinary Shares in connection Less than
with the Issue 98.95% 1.05% 0.01%
To waive pre-emption
rights in connection
with the allotment of
up to 10 per cent. of
the Ordinary Shares
in issue immediately
following completion
of the Issue until the
sooner of the Company's
next AGM or 15 months
from the passing of Less than
the resolution. 99.99% 0.01% 0.01%
A copy of this announcement will be available on the Company's
website and, in accordance with Listing Rule 9.6.2, the full text
of the resolutions passed at the EGM has been submitted to the
National Storage Mechanism and will be available at
http://www.morningstar.co.uk/uk/NSM
Notes:
1. The latest total voting rights of the Company were disclosed
on 30 December 2016 and were unchanged at the time of issuing the
notice of and convening the EGM, being 1,458,943,663 voting
rights.
2. Pursuant to sections 176(3) and 1784(4) of the Companies
(Guernsey) Law, 2008, ordinary and special resolutions of the
members of the Company are passed on a show of hands if passed by
members who vote in person and by persons who vote as duly
appointed proxies of members entitled to vote. This means that the
resolutions are passed by the requisite majority of votes cast at
the EGM, not as a majority of the total voting rights.
3. Special resolutions are passed if more than 75% of votes are
cast in favour of the resolution.
4. A vote withheld is not a vow in law and is not counted in the
calculation of the proportion of votes "for" and "against" a
particular resolution.
-ends-
Enquiries
InfraRed Capital Partners Limited +44 (0) 20 7484 1800
Tony Roper
Keith Pickard
Harry Seekings
Tulchan Communications +44 (0) 20 7353 4200
David Allchurch
Latika Shah
Canaccord Genuity Limited +44 (0) 20 7523 8000
Dominic Waters
Neil Brierley
Will Barnett
David Yovichic
HICL Infrastructure Company Limited
HICL Infrastructure Company Limited ("HICL" or the "Company",
and together with its subsidiaries the "HICL Group") is a long term
investor in infrastructure assets which are predominantly
operational and yielding steady returns. It was the first
infrastructure investment company to be listed on the London Stock
Exchange. With a current portfolio of 114 infrastructure
investments, HICL is seeking further suitable opportunities, which
are positioned at the lower end of the risk spectrum, in three
target markets segments: PPPs; regulated assets; and demand-based
assets.
Further details can be found on the HICL website,
www.hicl.com.
Investment Adviser
The Investment Adviser to HICL is InfraRed Capital Partners
Limited ("InfraRed") which has successfully invested in over 200
infrastructure projects since 1997. InfraRed is a leading
international investment manager focused on infrastructure and real
estate. It operates worldwide from offices in London, Hong Kong,
New York, Seoul and Sydney. With over 120 professionals it manages
in excess of USD 9bn of equity capital in multiple private and
listed funds, primarily for institutional investors across the
globe. InfraRed is authorised and regulated by the Financial
Conduct Authority.
The infrastructure investment team at InfraRed consists of 60
investment professionals, all with an infrastructure investment
background and a broad range of relevant skills, including private
equity, structured finance, construction, renewable energy and
facilities management.
InfraRed implements best-in-class practices to underpin asset
management and investment decisions, promotes ethical behaviour and
has established community engagement initiatives to support good
causes in the wider community. InfraRed is a signatory of the
Principles of Responsible Investment.
Further details can be found on InfraRed's website,
www.ircp.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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